Another report about AIG getting help and their stock is going nuts again, damned if I didn't jump in earlier again.
Are you serious? He called for them to let AIG fail? Man, am I ever scared about this man entering the white house.
Major jump in after hours. Looks like the rumors of GS/MS's demise were greatly exaggerated after all. Haven't looked at MS's report, but I saw GS's this morning and they had a mere $500 million in MBS-related losses. These guys don't have bad paper on their books.
Actually the failure of the AIG parent company shouldn't have the type of impact you are thinking since the insurance subsidiaries would still be operating and have adequate funding.
where the f*** are the vocal conservatives on this board??? this issue should be right up their alley and yet they are nowhere to be found. how telling.
Guys the trick is hold straddle positions long a call and a put option on the same stock and then it would be "show me the money"
